The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #18-140
Resolution to approve Special Assessment Credit Policy, Credit Schedule, and Request Form
WHEREAS, The City Council has granted reduced special assessments on street reconstruction projects in the past to property owners that had, in the ten years prior to the project, replaced their sidewalk or driveway approach, and
WHEREAS, The past practice assumed that sidewalk and driveway approaches had a ten year life and provided a 10% reduction in the proposed special assessment for each remaining year of the assumed lifespan assuming evidence deemed adequate to the Council had been provided, and
WHEREAS, It is found that a 100% reduction in the special assessment shall be granted for improvements made in the year immediately preceding the reconstruction project, with a 90% reduction being granted if the improvement preceded the project by two construction seasons, with a 10% reduction for each successive year until the percentage reduction reaches 0%, and
WHEREAS, The Council finds the proposed policy, as well as the Special Assessment Credit Request Form, to be reasonable, appropriate, consistent with past practices, and in the best interests of the City and that same should, therefore, be approved.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve of the proposed Special Assessment Credit Policy set forth herein as well as the Special Assessment Credit Request Form attached hereto, and in so approving declares this to be the Policy of the City moving forward for any future “Total Reconstruction Street Project” unless modified, amended, or repealed by a future City Council.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 3rd Day of December, 2018.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, Monticello City Clerk